Jakarta, 26 January – The deal came with 290 million tonnes emissions cap by 2030, but more specifics are needed to speed up coal power retirement and make space for renewables.
A mini briefing published today by global energy think tank Ember unpacks Indonesia’s Just Energy Transition Partnership (JETP) and finds that Indonesia’s JETP power sector emissions cap of 290 million tonnes (Mt) in 2030 could help the country achieve its Net Zero Emissions target for all sector by 2060. But is it enough to ensure early retirement of coal-fired power plants and transform the country’s power sector to align with 1.5C pathways?
The USD20 billion JETP deal is crucial to fund Indonesia’s energy transition efforts and help it achieve net zero. As part of this agreement, Indonesia is required to cap its power sector emission at 290 Mt in 2030, which is broadly consistent with a recent IEA report and aligned with the government’s target to achieve net zero for all sectors by 2060.
